My client has started business selling online by creating her own site
She has paid Rs 14 lakh (model likes actress) from April 1, 2021 till now . I would like to ask what is the maximum limit of this expenditure according to Income tax law or Gst.
my client sale Apr to June 2021 - 4 lakh (business registration as on
3 mar 2021
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Income tax or Gst
Replies (1)
GST registration: If it's own e-commerce platform through which your client is supplying products/services, then GST registration is compulsory irrespective of whatever is the turnover value.
As the client's previous year turnover doesn't seem to exceed limit prescribed u/s 44AB, TDS need not be deducted on the payments made to the model. But ensure that the payments are not in cash mode.
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